On average, listings lease in the $30's per square foot per year. The Perimeter Center region is experiencing a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 19% rise in rent.
Compared to the rest of the Metro Atlanta market, the Perimeter Center submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 39 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 105% of the listings in the Perimeter Center are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,450 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 11 floors. Most buildings in this region were built in 1986 and are Class A.
Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Perimeter Center occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.